Not disclosing accrued FDR interest payable on maturity was not Concealment – ITAT
November 22, 2018
Income Tax, ITAT
Not disclosing accrued FDR interest payable on maturity was not Concealment. Penalty deleted as interest was payable on termination or on maturity ABCAUS Case Law Citation: ABCAUS 2645 (2018) (11) ITAT The instant appeal of the assessee was directed against the order of the Commissioner of Income Tax(Appeals) …